Tag: European Central Bank

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Salvini Is Positioning Italy for Confrontation
World
Salvini Is Positioning Italy for Confrontation
April 10, 2019

First, Salvini goes into the European Parliament to disrupt proceedings and further undermine Angela Merkel’s powerbase. Second, he and Di Maio take that success back to Rome and use that to engage real EU reform of the financial system.

How Many More Lives Does Angela Merkel Have Left?
October 8, 2018

A weakened Merkel will not be in a position to assist in maintaining the status quo. How can she present a united front to Italy if a wave of nationalism is gripping Germany?

How Many More Lives Does Angela Merkel Have Left?
World
The War of Sanctions: New Casualties for the European Union
World
The War of Sanctions: New Casualties for the European Union
August 7, 2016

The Russian Ministry of Economic Development has published some statistics that many in the West still prefer to ignore. Those reveal that the European Union, US, Canada, Norway, and Australia have lost an annual market worth $8.6 billion, due to the sanctions they introduced against Russia…

The ECB: Who Wears the Trousers in Europe?
July 24, 2016

The UK referendum on 23 June has reinforced the disintegration trends within the EU and prompted a fresh look to be taken at the entire structure of the European Union. Of the seven institutions of the EU (the European Council, the European Parliament, the Council of the European Union, the European Commission, the Court of Justice of the European European, the Court of Auditors, and the European Central Bank (ECB)), the one usually mentioned last, the ECB, is by no means the least important. In fact, there is reason to believe that in terms of its impact on the life of Europe, the ECB is the most important institution in the European Union…

The ECB: Who Wears the Trousers in Europe?
World
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Banker Cronyism Hits EU Ship Rocked by Brexit Torpedo
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Banker Cronyism Hits EU Ship Rocked by Brexit Torpedo
July 18, 2016

It couldn’t come at a worst time. Just as the European Union is reeling from the historic setback of Britain voting to leave the 28-member bloc, then comes the scandal of a former top commissioner taking a plum job at a Wall Street bank – to advise on the fallout from the Brexit. If ever the grubby «revolving door» relationship between the EU bureaucratic elite and big business needed an illustration, it is the news of Jose Manuel Barroso taking up a post with the US investment giant Goldman Sachs…

Central Banks: The Untouchables
July 15, 2016

Central banks are key institutions responsible for issuing currency, monitoring private banks and carrying out a country’s monetary policy. In terms of their influence on a country’s economy, central banks may surpass all the economic agencies of an executive branch, including ministries of finance (treasuries). Central banks are not a part of any of the three branches of government (legislative, executive and judicial). Their special status, which makes them independent from the state, is set out in constitutions and special laws…

Central Banks: The Untouchables
Business